This was the norm until perhaps for about the last 10-15 years of Software Engineering.
346 karma · joined November 15, 2019
This was the norm until perhaps for about the last 10-15 years of Software Engineering.
If the candidate had other better offers, then they can either reject the offer or propose a higher counter-offer. If the company received a counter-offer and chose to accept it, then this amount becomes the new minimal amount.
Over a period of time, if there are enough counter-offers (or rejections), this continues to increase. Since, the two (or however many) locations don't necessarily have the same demand or supply, it's inevitable that some location will end up with much higher compensation than others. It's the nature of free market and why some companies engage/d in hiring collusion (see https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...)
"Second, because the board is still the board of a Nonprofit, each director must perform their fiduciary duties in furtherance of its mission—safe AGI that is broadly beneficial. While the for-profit subsidiary is permitted to make and distribute profit, it is subject to this mission. The Nonprofit’s principal beneficiary is humanity, not OpenAI investors."
So, if I were to speculate, it was because they were at odds over profit/non-profit nature of the future of OpenAI.
For some reason, this is missing from the article. If there was any feature that would sway existing Golang developers to switch to Java, it would be this. It would perhaps also convince the haters of the reactive-style concurrency patterns.
This place puts you in the middle of the ocean when you don't know how to swim. You either sink or swim.
Everybody's replaceable. Capitalist corporations will replace you at the drop of a hat if they can. The only way to safeguard yourself is to be ready for it.